Learn what annuities are, how fixed, variable, indexed, immediate, and deferred annuities work, and how they can help provide steady retirement income.

Discover why a registered index-linked annuity offers the potential to enjoy stock market gains while also protecting you ...

An annuity is a financial product designed to provide a guaranteed stream of income to an individual during retirement. The annuity is typically purchased with a lump sum of money and is designed to ...

When it comes to retirement planning, more Americans are turning to annuities as a way to lock in guaranteed income. Total annuity sales hit a record $385 billion in 2023, jumping 23% from the ...

Immediate annuities and deferred annuities are two types of financial products that allow individuals to save or begin retirement or other long-term goals. In return, the insurance company agrees to ...

Are you torn between an annuity and a certificate of deposit (CD)? Both options are a safe way to grow your money and earn a guaranteed return. However, there are key differences between the two to be ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed ...

The nearer you are to retirement, the more pressure you are under to make sure you have a reliable and steady source of income for the remainder of your lifetime. Social Security and pensions are part ...

An annuity can help you save for retirement and has favorable tax benefits. Experts caution that annuities can be complex and risky, carry high fees and are difficult to cancel. Some alternatives to ...

Ashley Donohoe is a personal finance writer, Financial Planning and Wealth Management Professional and Certified Financial Education Instructor based in Cincinnati. She covers banking, loans, ...